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BARMM’s investment hubs get governance citations
Members of the Bangsamoro business sector were elated with the special awards for efficiency bestowed upon the local governments in the region's two new investment hubs on Thursday, recognizing the accomplishments as key factors that can enhance the investment potentials of both areas......»»
Maharlika ready to make first investment in 90-120 days
Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»
Data centers: Philippine’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
Tourist arrivals seen to breach pre-COVID-19 levels
The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»
Supreme Court affirms NTC orders nixing 4 telcos’ 3G service bid
The Supreme Court (SC) has affirmed the orders of the National Telecommunications Commission (NTC) that junked the bid of Next Mobile Inc., now operating as NOW Telecom, and three other firms for a third-generation mobile communications technology or 3G radio frequency......»»
SC affirms woman s conviction for child abuse due to damaging remarks
The Supreme Court has upheld a conviction of a woman guilty of child abuse due to remarks that attacked the character, reputation and dignity of a minor......»»
DHSUD affirms support to local government, agencies
Firm support of local government units and bolstered coordination with other agencies has been committed by the Department of Human Settlements and Urban Development after the signing of a joint memorandum circular on public financial management......»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
SC affirms ruling granting bail to ex-Masbate lawmaker, Napoles
The Supreme Court (SC) has affirmed a ruling of the Sandiganbayan that allowed businesswoman Janet Lim-Napoles and former Masbate congresswoman Rizalina Seachone-Laneta to post bail in the plunder charges filed against them in connection with the Priority Development Assistance Fund (PDAF) or pork scam......»»
SEC affirms P2M fine vs NOW Corp., CEO
The case concerns the alleged misleading disclosures of NOW Corp. on the supposed P2.6 billion unpaid obligation to the Philippine government......»»
PSAC affirms commitment to public-private collaboration
The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»
CA affirms doctor’s conviction for rape
The Court of Appeals has affirmed celebrity doctor Joel Mendez’s conviction in January 2020 for attempted rape and two counts of rape through sexual assault......»»
SC affirms conviction of man caught with fake bills
The Supreme Court has upheld the conviction of a man arrested for possession and use of counterfeit Philippine peso bills......»»
Ombudsman affirms decision to indict ex-SRA chief
The Office of the Ombudsman has affirmed its earlier decision indicting former Sugar Regulatory Administration chief Hermenegildo Serafica for the delay in the procurement of farming tools worth P5.7 million......»»
SC affirms lawyer’s dismissal for hiding murder case folder
The Supreme Court has upheld the dismissal from government service of a lawyer for hiding the records of the Ruby Rose Barrameda murder case in his file cabinet at Malacañang......»»
Extreme heat closing schools, widening learning gaps worldwide
Hena Khan, a ninth-grade student in Dhaka, Bangladesh, has struggled to focus on her studies this week as temperatures surpassed 40 degrees Celsius (104 degrees Fahrenheit) in the capital city.'There is no real education in schools in this punishing heat,' she said. 'Teachers can't teach, students can't concentrate. Rather, our lives are at risk.'Khan is one of more than 40 million students who have been.....»»